Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3042 area. The pair continues to move within the framework of the formation of the «Wolfe Wave» model. Moving averages indicate a downward trend. At present we can expect an attempt to grow and test the resistance area near the level of 1.3235. Further, the beginning of the decline in quotations of the Pound/Dollar to the area below the level of 1.2375. GBP/USD Forecast and Analysis April 8 — 12, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.20 Rubles for the US Dollar. The pair continues to move within the correction. Moving averages indicate a bullish trend. In the current trading week of April 8 — 12, 2019 we can expect a decline and a test of the support area near the level of 64.35. Where can we expect a rebound and continued growth of the dollar above 70.45. USD/RUB Forecast and Analysis April 8 — 12, 2019 In favor of the growth of the dollar ruble pair will be a…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7113 area. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7165. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6585. AUD/USD Forecast and Analysis April 8 — 12, 2019 In favor of the fall of the pair on FOREX will test the downward…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3384. The pair continues to move within the bullish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near 1.3175. Then, the growth of quotations with the goal above the level of 1.3875. USD/CAD Forecast and Analysis April 8 — 12, 2019 The test of the support line on the indicator of relative strength index (RSI) will be in favor of raising the USD/CAD currency pair. The second signal will be a…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 111.66. The pair continues to move within the bullish correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 111.85. Then rebound and the continuation of the fall of the pair in the area below 106.95. USD/JPY Forecast and Analysis April 8 — 12, 2019 In favor of the fall of the pair Dollar/Yen will test a downward trend line on the indicator of relative strength…
GOLD close the trading week near the 1291 area. The quotes continue to move within the ascending channel and the formation of the «Triangle» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1310. Further continuation of the fall in the price of GOLD with the potential target below the level of 1210. GOLD Price Forecast and Analysis April 8 — 12, 2019 In favor of lowering the quotations and prices for GOLD in the current trading week of April 8 — 12,…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6734 area. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6775. Then, the currency pair will continue to fall with a potential target below the level of 0.6405. NZD/USD Forecast and Analysis April 8 — 12, 2019 In favor of the fall of the NZD/USD currency pair, a test…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9956. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9845. Further, the continued growth of the pair with a target above the level of 1.0385. USD/CHF Forecast and Analysis April 8 — 12, 2019 In favor of the growth of the pair Dollar/Franc will test the support line on the indicator of relative…
Bitcoin BTC/USD ends the trading week at 4951 and continues to move as part of growth. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support area near the level of 4450. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 6450. Bitcoin Forecast and Analysis April 8 — 12, 2019 In the current trading week of April 8 — 12, 2019, a test of the rising trend line on the…
Ethereum ETH/USD ends the trading week at 161 and continues to move as part of strong growth. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and maintain the test level near area 125. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 295. Ethereum Forecast and Analysis April 8 — 12, 2019 In favor of the growth of ETH/USD quotes on the current trading week of April 8 — 12, 2019, a test of the support line on the…